TORRENS 2607
State: ACTPosiProp AI Investment Summary
TORRENS (ACT 2607) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of 0.0%, with a median house buy price of $1,200,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,105,000
$1,410,000
$1,200,000
Suburb Market Profile
Last month Torrens had 2 properties available for rent and 6 properties for sale. Median property prices over the last year range from $1,200,000 for houses to $750,000 for units. If you are looking for an investment property, consider houses in Torrens rent out for $710 PW with an annual rental yield of 3.3% and units rent for $580 PW with a rental yield of 5.4%. Torrens has seen an annual compound growth rate of 0.0% for houses and 36.4% for units.